Citigroup Inc. restated their neutral rating on shares of J D Wetherspoon plc (LON:JDW) in a report published on Friday morning. Citigroup Inc. currently has a GBX 1,280 ($16.98) price target on the stock.
A number of other equities research analysts have also weighed in on the stock. Deutsche Bank AG raised their price target on shares of J D Wetherspoon plc from GBX 660 ($8.75) to GBX 760 ($10.08) and gave the company a sell rating in a report on Monday, September 25th. Morgan Stanley raised their price target on shares of J D Wetherspoon plc from GBX 830 ($11.01) to GBX 910 ($12.07) and gave the company an underweight rating in a report on Monday, September 18th. Barclays PLC reaffirmed an overweight rating and set a GBX 1,250 ($16.58) price target on shares of J D Wetherspoon plc in a report on Monday, September 18th. Numis Securities Ltd reaffirmed a reduce rating and set a GBX 975 ($12.93) price target on shares of J D Wetherspoon plc in a report on Monday, September 18th. Finally, Peel Hunt raised their price target on shares of J D Wetherspoon plc from GBX 875 ($11.61) to GBX 950 ($12.60) and gave the company a reduce rating in a report on Friday, September 15th. Six investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. J D Wetherspoon plc presently has an average rating of Hold and a consensus price target of GBX 1,007.69 ($13.37).
J D Wetherspoon plc (LON:JDW) opened at 1241.00 on Friday. The stock’s 50 day moving average is GBX 1,137.18 and its 200 day moving average is GBX 1,035.73. The company’s market capitalization is GBX 1.32 billion. J D Wetherspoon plc has a 52 week low of GBX 810.00 and a 52 week high of GBX 1,296.00.
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The firm also recently declared a dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, October 26th will be issued a GBX 8 ($0.11) dividend. The ex-dividend date is Thursday, October 26th. This is a positive change from J D Wetherspoon plc’s previous dividend of $4.00. This represents a dividend yield of 0.67%.
In other news, insider Nigel Connor sold 546 shares of J D Wetherspoon plc stock in a transaction dated Friday, October 6th. The shares were sold at an average price of GBX 1,237 ($16.41), for a total value of £6,754.02 ($8,958.77). Also, insider John Hutson purchased 12,126 shares of the firm’s stock in a transaction dated Wednesday, September 27th. The stock was acquired at an average cost of GBX 1,278 ($16.95) per share, with a total value of £154,970.28 ($205,558.14). Insiders bought a total of 12,162 shares of company stock valued at $15,536,032 over the last ninety days.
About J D Wetherspoon plc
J D Wetherspoon plc owns and operates pubs throughout the United Kingdom and Ireland. The Company aims to provide customers with food and drinks. The Company operates a trading estate of approximately 926 pubs. The Company operates over 40 hotels and approximately 900 rooms. The Company’s hotels include George Hotel, the Shrewsbury Hotel and the Unicorn, Ripon.
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